Entrepreneur
Name
Benjamin
Member since
January 2015
On-time repayments
199 installments • 67%
About Me
My names are Benjamin Asavah, I was born in 1966 in Vihiga District. I went to vihiga Primary School and completed my CPA and later joined Muslim Secondary school and completed my CSE Certificate of Secondary Education. in my college level I joined Utalii College where I did catering course in Food and beverages.
I started working in Imperial Hotel in Kisumu while doing my course and same time Hawking in town selling newspaper , but later when married I stopped Hawking and open a grocery shop for my wife while I pursued my catering job in a hotel . I am employed working while my wife is working in our grocery shop and a retail shop.
My Business
I myself am employed and working but also run as Retail and grocery shop, where my wife in looking after the shop.
In my shop we sell home use commodities and the grocery as well such as maize, beans, grains, and many more and the shop we have products such as cooking oils, sanitaries, books, pens, pencils, food products, and many more.
This goods or services that we offer are day to day use in the community and are the necessities and therefore they are in demand. Also i incur the following costs, transport to transport my inventory to shop, rent for the leased shop, and also revenues annually for the council . The profits is used to expand the business, home improvements and also school fees and also part of my salaries.
Loan Proposal
Good morning/Evening to my lenders,
I am once again would like to present a my loan application before for funding for the following proposal to my shop inventory.
1) 50 Kg Rice Kes4500x10 sacks = 55000
2) 50 Kg Sugar Kes 6800 x 10 sacks = 68000
3) 2 Kg Wheat flour Bale Kes 2000 x 30 bales =60000
4) 1 kg Wheat flour Bale Kes 20000 x 20 bales = 40000
5) 2 Kg maize flour bale Kes 1600 x15 bales = 24000
6) 1 kg maize flour bale Kes 1600 x 15 bales = 24000
7) cooking oil 20ltrs Kes 3200x10 = 32000
8) Transport KES 9000
TOTAL KES 312,000
TOTAL $ 3,076.72
Thank you all and hope you will consider my loan application for funding.
Regards
Benjamin Asava
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Loan Info
Project Type
Classic Loan
Disbursed amount
$2,662.00
Date disbursed
Oct 1, 2017
Repayment status
On Time
Projected term
17 months
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